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16-18 Butler Terrace Staten Island, NY $ 1,725,000
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16-18 Butler Terrace
$ 1,725,000
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New Construction
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16-18 Butler Terrace

Staten Island, NY, 10301
$ 1,725,000
Bedrooms10 Baths4.0 Sq 4,224

Monthly Estimate*

$ 10,331

16-18 Butler Terrace, Staten Island, NY 10301 - Image 1
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16-18 Butler Terrace, Staten Island, NY 10301 - Image 10
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Multi-Family Home for sale in Staten Island, NY

for $1,725,000 with 10 bedrooms and 4 full baths. This 4,224 square foot home was built in 1901 on a lot size of 0.18.

Prime Multi-Family Investment Opportunity! Discover an exceptional investment opportunity with this updated multi-family property in the New Brighton neighborhood of Staten Island. Featuring four units in excellent condition: Two (3) bedroom units and two (2) bedroom units. Each unit is individually metered, offering convenience and efficiency for tenants. Situated on a street-to-street lot, this property was renovated in 2022, ensuring modern amenities and quality finishes throughout. Key highlights: four units in excellent condition, individually metered units, value-add potential, includes two additional rental garages, providing an attractive value-add opportunity for increased revenue. Street-to-Street Property, Butler Terrace to Brighton Ave with an impressive return: Gross income is 169k+ with a Net Operating Income (NOI) exceeding 139,000 annually, this property promises strong cash flow and a solid return on investment.

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Multi-Family Active

Price

$ 1,725,000

Bedrooms

10

Full Bath

4

Property Type

Multi-Family

Taxes

$ 10,325

Style

4F

Lot Size

0.18

Year Built

1901

Town/City

Staten Island

County/Region

Richmond

MLS | Web ID

2406641
Features
General
Sewer City
Heating Hot Water Natural Gas
Zoning R3-2
Garage Spaces 4.0
Construction Materials Stucco
Year Built 1901
Electric 220 Volts
Stories 2
Property Subtype 4F
Gross Income 169608.0
County Richmond
Net Operating Income 139375.0
Operating Expense 30233.0
New Construction Y
Property Type Residential Income
Attached Garage N
Full Baths 4
Status Active
City Staten Island
NumberOfUnitsTotal 4
MLS Area New Brighton
Lot Size Units Square Feet
Lot Size Square Feet 7695.0
Carport Y/N N
Electric On Property Y/N N
Year Built Details New
Land Lease Y/N N
Tax Annual Amount 10325.0
Home Warranty Y/N N
Lease Renewal Y/N N
MLS Area Minor New Brighton
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://app.doaudiotours.com/unbranded?id=5628&lang=en-US
Standard Status Active
Tax Lot 0032
Senior Community None
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Exterior
Parking Features Off Street Detached
Condition Good
Lot Size Area 7695.0
Spa N
Building Area Total 4224.0
Lot Dimensions 44 x 48
Lot Size Acres 0.18
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Total Bedrooms 10
Total Baths 4
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Internal Only
Street Number 1 1618
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* Excluded Features
List By
Ron Molcho

Listing Agent

American Homes Group

Broker

Rmolcho@americanhomesgroup.com

Email

Affordability Calculator

$11,192
Per Month
92%
8%
0%
Monthly Principal & Interest
$10,331
Monthly Property Taxes
$860
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1980392 Elementary School
1980393 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
12/4/2024$1,725,000 Listed Price

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16-18 Butler Terrace, Staten Island, NY, 10301 is a Multi-Family Home for sale at $1,725,000 with 4,224 sqft and a lot size of 0.18. 16-18 Butler Terrace has 10 bedrooms, 4.0 baths, and was built in 1901. The property's zip code is 10301 which is in Staten Island, NY

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